Adidas plots to swerve Samba slump LONDON: As Adidas aims to build on hot demand for its three-striped white and black Samba and multi-coloured Gazelle... Published 03 May, 2024 01:46pm
Life & Style Samba, Gazelle shoes help drive Adidas sales while North America lags Strong demand for its retro-style Gazelle and Samba sneakers helped drive Adidas’ strong first-quarter growth,... Published 01 May, 2024 03:15pm
Markets Adidas, LVMH steer European shares higher on earnings relief PARIS: European shares gained on Wednesday after a bruising sell-off in the previous session, supported by healthy... Published 18 Apr, 2024 03:24am
Business & Finance Adidas warns of 2024 sales decline in overstocked North America market HERZOGENAURACH: German sportswear giant Adidas said on Wednesday it expects a decline in its sales in North America... Published 21 Mar, 2024 05:22am
World Walmart and Adidas cargo aboard, one ship’s voyage to avoid the Red Sea LONDON: When the Maersk Tanjong set sail from Thailand on December 2, headed towards the Suez Canal to reach the... Published 31 Jan, 2024 05:46pm
Markets European shares bounce back from three-week lows PARIS: European shares recouped some losses on Thursday after hitting three-week lows in the previous session, with... Published 05 Jan, 2024 03:12am
World Violent BD garment protests shut hundreds of factories DHAKA: Hundreds of garment factories in Bangladesh have shuttered as thousands of workers staged violent protests to... Published 03 Nov, 2023 06:11am
World Violent Bangladesh garment protests shut hundreds of factories DHAKA: Hundreds of garment factories in Bangladesh have shuttered as thousands of workers staged violent protests to... Published 02 Nov, 2023 01:45pm
Life & Style Adidas and Puma eye chances in soccer’s fashion moment LONDON: Sportswear brands like Adidas and Puma are seeking to take advantage of a flirtation with soccer by the... Published 01 Nov, 2023 03:32pm
Business & Finance Adidas tests upper limit of running market with $500 shoe LONDON: Adidas’ newest running shoes, worn by Ethiopia’s Tigist Assefa on Sunday to set a new women’s marathon world... Published 26 Sep, 2023 04:43pm
Markets Pakistan’s economic woes leave textile industry in tatters LAHORE: Factory worker Lubna Babar was made redundant at the beginning of the year, a victim of a crisis in the... Published 06 Aug, 2023 12:13pm
Life & Style Adidas books profit as it sells off Kanye inventory FRANKFURT, Germany: Adidas said Thursday it booked a profit in the second quarter, showing tentative signs of... Published 03 Aug, 2023 06:31pm
Business & Finance Adidas swamped with $565mn in orders for unsold Yeezy shoes: FT Adidas got orders worth more than 508 million euros (about $565 million) for 4 million pairs of unsold Yeezy shoes,... Published 24 Jul, 2023 12:16pm
Sports India board says kit sponsorship deal with Adidas runs until 2028 BENGALURU: India’s cricket board (BCCI) said on Tuesday its kit sponsorship deal with Adidas would run until March... Published 23 May, 2023 12:54pm
Business & Finance Adidas posts loss as Kanye West split ‘hurts’ business FRANKFURT: German sportswear giant Adidas reported on Friday a hefty first-quarter loss, acknowledging its split ... Published 08 May, 2023 06:40am
Business & Finance Adidas ‘optimistic’ as Q1 sales beat expectations LONDON: Adidas’ first quarter was better than expected, the company said on Friday, with sales down 1% compared to... Published 05 May, 2023 12:04pm
Business & Finance Adidas to slash dividend after Kanye West split HERZOGENAURACH (Germany): Adidas will slash its 2022 dividend, the sporstwear maker said on Wednesday, warning a... Published 13 Mar, 2023 06:15am
Sports Pakistani tennis star becomes brand ambassador of Adidas LAHORE: Tennis star Haniya Minhas has become the first youngest Pakistani to be appointed as the official brand... Published 24 Jan, 2023 07:49am
Pakistan Pakistan-made footballs at FIFA World Cup 2022: the ‘crown jewel’ for Sialkot’s Forward Sports The FIFA World Cup 2022 begins on Sunday as focus finally moves towards the action on the field, marking the... Updated 20 Nov, 2022 12:35pm
Life & Style Spotify criticises Ye’s comments, keeps his music As corporations around the world including Adidas AG cut ties with Kanye West, music streaming service Spotify... Updated 26 Oct, 2022 05:42pm
Life & Style Chaos agent Kanye West crosses line with bigoted remarks NEW YORK: Kanye West has long been one of the entertainment industry's most polarizing figures, but his recent... Published 13 Oct, 2022 02:56pm
Business & Finance Adidas posts 28% decline in Q2 operating profit despite sales increase BERLIN: Adidas on Thursday said operating profit fell by 28% in the second quarter to 392 million euros ($398.43... Updated 04 Aug, 2022 11:46am
Life & Style Fashion retailer H&M joins TJX, others in exiting Russia STOCKHOLM: the world's second-biggest fashion retailer, said on Monday it had decided to wind down its business in... Published 18 Jul, 2022 04:27pm
Life & Style Sportswear brand adidas collaborates with Pakistani eatery in Dubai The adidas' 'Original Superstar' trainer has been redesigned to create the 'Superstar Ravi', reflecting white and green colors of the restaurant, also a nod to the Pakistani flag Updated 14 Jun, 2022 10:06pm
Business & Finance Adidas lowers 2022 expectations amid China lockdowns BERLIN: Adidas lowered expectations for 2022 after a first-quarter slump as renewed COVID-19-related lockdowns in... Updated 06 May, 2022 11:59am
Life & Style Adidas expects Russia hit in 2022, but China recovery BERLIN: German sportswear company Adidas said it expected a halt to its business in Russia due the war in Ukraine to... Published 09 Mar, 2022 01:44pm
Business & Finance McDonald's, Coca-Cola join US firms halting Russia operations NEW YORK: McDonald’s, Coca-Cola and Starbucks on Tuesday bowed to public pressure and suspended their operations in... Updated 09 Mar, 2022 01:40pm
Business & Finance Adidas launches extra buyback after Reebok sale BERLIN: German sportswear company Adidas said on Tuesday it had completed the divestment of fitness brand Reebok to... Published 01 Mar, 2022 12:25pm
Markets Adidas says will grow in China in 2022 BERLIN: German sportswear company Adidas said on Thursday it would grow in its key market of China in 2022 even ... Published 17 Feb, 2022 06:14pm
Business & Finance Adidas hikes outlook despite hit to China sales Second-quarter sales soared 52% to 5.077 billion euros ($6.01 billion), while operating profit came in at 543 million euros Published 05 Aug, 2021 11:55am
